2021-11-04 Windward Exh D Hawaii Island Community Development Corp SLU 20-054

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in the caucus today. We believe that's a significant contribution to dealing with this issue now, we kind of campaigned to get the traffic signal installed earlier. Unfortunately, it didn't meet what they call the warrants for a traffic signal installation at that time. Maybe in the future it will but, we agree that something needs to be done at that intersection and we just like to point out that we have we have made a contribution toward that end. So, we believe that this will be a project that is much needed for the community that it'll be an attractive project and we're doing what we can to minimize the impact, while also doing creating a situation that meets the broader needs of the community. Commissioners have any questions; we'll glad to entertain them. REPLOGLE: Thank you, Mr. Kato. Mr. McComber do you have something to add? LIN: Mr. McComber we can't hear you. REPLOGLE: He's frozen. Oh. MCCOMBER: Can you hear me? Okay, I would just add to Keith's conversation about the traffic aspect that on the attempts to approaching signalizing Kupuna Place. Keith had that conversation early on in the Mohouli Senior Development close to the completion of Phase One and also close to when we're completing both the Adult Day Center and the last days there, so there have been multiple attempts by our organization to recognize the potential concern. Thank you. REPLOGLE: Thank you. Okay. Commissioners, do you have any questions for the applicants? LIN: I have a question Mr. Chair. REPLOGLE: Yes, Mr. Lin? LIN: Mr. Kato or Mr. McComber, could you maybe explain the term "affordable housing" and maybe provide the area median income for this project? Because I think the term affordable housing has a negative connotation when it comes to development. So, if you could explain how that area income compares to maybe some of the other projects out there, or maybe what type of people income would be going into these projects. KATO: Let me look it up, so I can give you the exact dollar figures that we're talking about. So, the basic financing that we would be using is low-income housing tax credits. Now we've used this program before and all of our other projects and it is oriented towards households with income at sixty percent(60%) of the area median income and below. Sorry, my link to Hawaii Housing Finance & Development Corporation (HHFDC) is not being cooperative here. There we go. Okay, so let's see County of Hawaii area median income is $78,800, 60% of the area median income this is for again for a family of four (4) would be fifty-one thousand three hundred sixty ($51,360.00). So that's really the range that you're looking at. I think that fifty- one thousand ($51,000.00)really catches a big segment of our population in terms of what the household incomes are. 8 EXHIBIT D